Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in 2025. Insider information indicates that Bithumb is considering a debut on Kosdaq and might transition to the Korea Exchange (KOSPI) platform in the future.
Bithumb Targets Kosdaq Listing; Chooses Samsung Securities as Its Fund Manager
According to Edaily, a South Korean news outlet, Bithumb could pursue an initial public offering (IPO) by 2025. Yoo Kyung Lim, a journalist, noted that the exchange’s potential IPO strategy is seen as an ambitious effort to surpass Upbit’s market supremacy.
Upbit currently holds an 85% share of South Korea’s cryptocurrency trading market. The briefing highlights Lee Jung-hoon’s comeback as the major stakeholder on Bithumb’s board, with a focus on fortifying the firm’s governance.
Sources close to the situation reveal that Bithumb has appointed Samsung Securities as its fund manager, with IPO preparations already underway. The e
We współpracy z: https://news.bitcoin.com/south-korean-crypto-exchange-bithumb-eyes-ipo-in-move-to-challenge-upbits-market-dominance/
